Bamboo
Fintech Investment Regulation

Court Temporarily Unfreezes Bamboo Accounts to Allow Startup Pay Salaries, Rent

A federal high court sitting in Abuja has ordered that the accounts of Bamboo Systems Technology Limited and Bamboo Systems

eNaira
Cryptocurrency

CBN Selects Bitt Inc as Technical Partner For eNaira Launch

The Central Bank of Nigeria (CBN) has announced the formal engagement of the global fintech company, Bitt Inc., as the

eNaira
Cryptocurrency

eNaira: CBN Publishes Preliminary Guidelines For Digital Currency

The Central Bank of Nigeria (CBN) has issued guidelines for eNaira, its proposed digital currency to Nigerian banks. The guidelines

CBN
Legal Regulation

CBN Freezes Accounts of Four Investment Fintechs Trove, Chaka, Rise & Bamboo

The Central Bank of Nigeria (CBN) has reportedly freezed the accounts of four investment fintechs in the country including Trove,

China
Bitcoin Cryptocurrency

Like Nigeria, China Orders Banks to End Cryptocurrency Support

Despite being a democratic nation, Nigeria seems to have a lot in common with China, a communist run country these

CBN
Cryptocurrency Government Regulation

CBN Governor Says Cryptocurrency Will Have a Place in Nigeria

Despite his concerns and reservations about cryptocurrency, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has assured Nigerians that

CBN
Fintech Regulation

Top Nigerian Fintechs to Pay ₦2bn Licensing Fee to CBN

The Central Bank of Nigeria (CBN) has released new capital requirements for fintechs in Nigeria. In a publication on its website, titled

CBN
Banking Money Transfer

Nigeria’s Central Bank Extends Naira4dollar Scheme Indefinitely

The Central Bank of Nigeria (CBN) has announced the extension of the naira for dollar scheme indefinitely. This was announced

NCC
Banking Telecom

Nigerians to Pay For USSD Services Offered by Banks

Telecommunications companies in Nigeria recently threatened to suspend USSD services due to the failure of banks to pay for the

CBN
Banking Money Transfer

CBN Unveils N5 for Every $1 Scheme to Boost Diaspora Remittances

The Central Bank of Nigeria (CBN) has introduced a “Naira 4 Dollar Scheme”, an incentive that pays naira to senders